2, LORKIN WAY, WEST BERGHOLT, COLCHESTER, CO6 3SL - £314,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LORKIN WAY is a large detached house of 143m², which could now be worth an estimated £544,705. It was last sold for £314,000 in September 2012, which was around 8% above the average September 2012 detached price in the Colchester local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

2 LORKIN WAY Sold Prices

Land registry data shows three sales for 2 LORKIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 2 LORKIN WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 25 SEP	£314,000	£289,522	8% above HPI
2002 1 JUL	£245,000	£200,800	22% above HPI
1999 23 MAR	£151,000	£114,212	32% above HPI

2 LORKIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 2 LORKIN WAY sales between March 1999 and September 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2012 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 LORKIN WAY be worth now?

2 LORKIN WAY might now be worth an estimated £544,705.

This is based on house price inflation of 73.5%, between September 2012 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.5% inflationary increase is applied to the most recent sale price for 2 LORKIN WAY of £314,000 on 25th September 2012. For the value to have increased from £314,000 to £544,705 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 LORKIN WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2012 sale price of £314,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LORKIN WAY has not materially changed since September 2012.

How Large is 2 LORKIN WAY?

2 LORKIN WAY is 143m² according to the EPC inspection conducted in October 2009. This puts it in the largest 40% of detached houses houses in West Bergholt, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bergholt, and where 2 LORKIN WAY lies on this distribution: 68% of detached houses houses are smaller than 2 LORKIN WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in West Bergholt.

2 LORKIN WAY: Plot and Title Map

2 LORKIN WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 LORKIN WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 LORKIN WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 LORKIN WAY?

2 LORKIN WAY is located in WEST BERGHOLT, in the CO6 postcode district. The below map shows the position of No. 2 on LORKIN WAY.